Canara Bank Rangareddy Kondapur Telangana MICR CODE

Find MICR Codes for Canara Bank Rangareddy Kondapur Telangana

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MICR Code	506015017
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kondapur
Contact	0
Bank Details	Canara Bank Kondapur CNRB0013605

Location	Rangareddy, Kondapur
City	Rangareddy
District	Kondapur
State	Telangana
Pincode	506314
Country	IN
Address	Kondapurvia raiparthywardhannapet talukpin 506 314

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 506015017 for Kondapur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 506015017 of Canara Bank, Kondapur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kondapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Kondapur

MICR code for Canara Bank Kondapur

Canara Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Canara Bank MICR code for Kondapur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 506015017 is the MICR code of Canara Bank for Kondapur branch. MICR code for Kondapur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Canara Bank Kondapur is presented in the table alongside.

Use of Canara Bank MICR code for Kondapur branch in rangareddy

The MICR code 506015017 is used in RBI cheque clearing process to identify the branch Kondapur and Canara Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Canara Bank is typically in either of these two font’s: E-138 and CMC-7.

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